Call to Action: Support SREC Legislation in NY
Jun 18, 2010
by EmPower Solar
As you may have heard recently, there is legislation in the New York assembly to create a solar renewable energy credit (SREC) incentive structure in the State. This would be similar to the very successful SREC market launched in New Jersey. The New York Solar Industry Development and Jobs Act would create 22,000 new jobs in the state and bring 5 Gigawatts of solar online by 2025.
Some important points are:
- Create about $20 billion in economic activity in the state
- Residential and commercial size systems would benefit
- 140x increase in New York solar capacity by 2025
- Low cost: only about 39 cents extra on each month’s electric bill
This legislation needs to get voted on by June 21 when the Summer legislative break begins. Take action and let your representatives know that you support the Solar Industry.